This is a very ill informed decision made by our Federal Government. It now renders ERA of little value.
ERA should cancel the existing contract with RIO, regarding the management of the Ranger rehabilitation, immediately. It should also make redundant all but a couple of employees immediately. The Federal and Northern Territory governments should be obliged to fund and manage the rest of the cleanup as ERA can't afford to continue.
The rehabilitation of the ranger mine site has been has been a great example of what can be done. The plan has been to include the ranger site into Kakadu national park when it was to be completed.
The irony is that the local people used to call the Ranger-Jabiluka area "sickness country". One would think that any extraction of uranium with appropriate rehabilitation would be very beneficial to the local community and to Australia at large.
My mother has ERA shares.
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